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Fisker Secures $115.3M in Private Equity Funding; Necessary to Access $528.7M DOE Loan

Green Car Congress

Fisker Automotive last week secured access to an additional $115.3 million in private equity funding to develop plug-in hybrid cars. This funding is necessary for Fisker Automotive to access a $528.7 Project NINA is expected to be built in Wilmington, Delaware at a former General Motors assembly plant starting in 2012.

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DOE Closes $465M Loan to Tesla Motors

Green Car Congress

It will help build a customer base and begin laying the foundation for American leadership in the growing electric vehicles industry. This is part of a sustained effort to develop and commercialize technologies that will be broadly deployed throughout the American auto industry. and Fisker Automotive. Earlier post.).

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How Carmakers Are Responding to the Plug-In Hybrid Opportunity

Tony Karrer Delicious EVdriven

About CalCars Plug-In Hybrids FAQ How to Get a PHEV Where PHEVs are Carmakers Say. Our PRIUS+ Project Photos PHEV Resources Global Warming Take Action News and Events Contact Us How Carmakers are Responding to the Plug-In Hybrid Opportunity If you ask, "have major auto-makers come around on PHEVs?",

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One way or another, Fisker Automotive may soon be off the market

Green Car Congress

Two German investors, Ingo Voigt and Fritz Nol, announced their intent to buy Fisker Automotive, the failing plug-in hybrid car company, on 11 September. The team submitted a detailed offer to the US Department of Energy (DOE) along with a letter of intent for restructuring Fisker. DOE auctioning off the Fisker loan.

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GM Says Chevrolet Volt Won't 'Pay the Rent' | Autopia from Wired.com

Tony Karrer Delicious EVdriven

It will appear in Europe next year as the Opel Ampera and in Australia as the Holden Volt in 2012. " President Obamas auto task force doesnt see it that way. "On some products, the costs, particularly in advanced technologies, are high," he said in a lengthy interview with Automotive News (free subscription required).

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